rmah

52 ms·

571.
by rmah 6y ago
Google has a net income (aka profits) of $34b/yr and Youtube revenues ($16 bil) are about 12% of google's total revenues ($135 bil). If they sunk 12% of their net income (one year of net income growth) into hiring customer suppor
572.
by rmah 6y ago
Well... first, the "studio system" where actors were tied to a single studio by contract hasn't held sway for half a century. Talent (stars and especially directors) have been founding their own studios off and on for a cent
573.
by rmah 6y ago
I agree so much. When I started my career as a programmer around 25 years ago... I used a text editor in a GUI. OOP frameworks were new, but they weren't much different from the ones around today. Sure, some of the specific tools ha
574.
by rmah 6y ago
They do, it's called the "warranty period". :-)
575.
by rmah 6y ago
This is simply not true. You (and perhaps most people) may have a difficult time discerning between high and low quality products, but both are readily available. That difficulty may be part of the problem why lower quality products domin
576.
by rmah 6y ago
99.9% of teens do not have the knowledge, skills or capability to critically examine academic research. Hell, most secondary and high school teachers don't have those skills. Thus, all you can say is "be skeptical". But th
577.
by rmah 6y ago
I'm in my 50's... and I remember filthy air you could barely breath and horribly polluted rivers that caught on fire. I remember people tossing trash on the side of the road without regard. I remember trash floating in our lakes
578.
by rmah 6y ago
Until very recently (as in the last 50 years or so), that's exactly what publisher meant. The people who owned the printing presses. The transition of publishers into pure selection/promotion/distribution businesses is fairl
579.
by rmah 6y ago
If a market did as you suggested, then there would simply be no orders for 0.99999 seconds and then a huge flood of orders at 0.000001 seconds before execution happens.
580.
by rmah 6y ago
Not directly related, but the line "Finally, you need to remember that failure is not the end. Your company might fail, but that doesn’t make you a failure." in the article has me thinking a bit... What is it about our culture (i
581.
by rmah 6y ago
Chicken is cheap because the feed conversion ratio is very good: apx 1.6 kg of feed (corn) in yields you 1kg of chicken out. Only some varieties of fish does better. In comparison, beef has a ratio of around 5 to 7 (10 if you just count t
582.
by rmah 6y ago
For ICBC, it's a state-owned institution. And a bank. The accounting is special for banks (and mostly beyond me). Some say, it's doubly "special" for companies like ICBC. For Vodafone, that number was a special one tim
583.
by rmah 6y ago
To be a bit pedantic, GDP is not "value created per year". GDP is a measure of economic activity . That's it. GDP = private consumption + gov expenditures + total investments + net imports/exports. IOW, it's a me
584.
by rmah 6y ago
Apple made apx $115B in net income over that two year period and paid out around $30B in dividends. So... yeah. In case you're wondering how much $115B is in terms normal people can understand... if that was in $100 paper notes... -
585.
by rmah 6y ago
The business network effect is mostly beneficial to the companies , not to the employees. The employees are simply attracted because of the better employment opportunities.
586.
by rmah 6y ago
Lol, that's almost saying that you are being coerced to eat, drink and breath (by nature?). At that point, the word has lost its meaning.
587.
by rmah 6y ago
It's annoying that the author takes the original article about paywalls by Nathan Robinson so literally at some points. For example, the Robinson wrote "Creators must be compensated well. But at the same time we have to try to kee
588.
by rmah 6y ago
The first action of federal troops after the Revolutionary War ended was to suppress a regional rebellion of people who refused to pay their taxes. c.f. "The Whiskey Rebellion.". The US Constitution does not grant right to take
589.
by rmah 6y ago
I don't see why the NSA would have to hack Starwood given the designated nationals checks of the State Dept. I know firsthand that about 15 years ago, every major US hotel chain (and possibly small ones, don't know) matched every
590.
by rmah 6y ago
The decision was sort of the reverse of that. The EU got the technicalities right but didn't provide enough actual evidence . To quote the article, "While the court expressed sympathy with the Commission that the Irish Revenue a
591.
by rmah 6y ago
Very few bonds are callable. And why would the Fed need to call the bond, it's not like they are short of cash. lol. Either way, I wasn't "pretending there's no limit and no deleterious effect". As you stated, th
592.
by rmah 6y ago
A loss for the Fed.
593.
by rmah 6y ago
We were discussing the fed handing out money to consumers, not the US Treasury. Tax dollars (which is what I assume you meant by "the money will just return to the treasury") do not go to pay for fed operations. And the fed&#x27
594.
by rmah 6y ago
Buying bonds is not spending. Those bonds will either mature and the funds paid back to the Fed or the Fed will sell the bonds on the open market. Either way, this is very different from handouts to the public or "socially productive
595.
by rmah 6y ago
Letting the yields go up means that it becomes more difficult for companies to borrow money during a period of economic stress. This would mean those companies are at greater financial risk. Which is the exact opposite of the Fed's g
596.
by rmah 6y ago
Direct payments to consumers is a 100% loss on those funds. Buying Walmart (or other corporate debt) means the Fed gets the money back when those firms pay down that debt. So very very different.
597.
by rmah 6y ago
Poor people, sort of by definition, do not have "cash holdings". They tend to live paycheck to paycheck or are in debt. Inflation helps debtors. And wages do tend to rise with inflation, albeit with a delay.
598.
by rmah 7y ago
Oh, it takes far less than that to start a conspiracy theory.
599.
by rmah 7y ago
Or the Great War, famines in Europe and 1918 flu pandemic? Which was followed by the roaring 20's. As to what % of the population will watched a loved one die and then retrench psychologically for an extended period of time? IMO, a
600.
by rmah 7y ago
And the decade following the spanish flu epidemic -- which killed a massive # of people -- was great (financially).

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